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$406,670

NAL Estimated Property Value

109 S Bernice Dr, Garland, TX, 75042

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,697 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.59 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,200 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26069500050150000
Lot Number15
SubdivisionBullock
Land UseResidential
Legal DescriptionBULLOCK ESTATES BLK 5 S 60 FT LT 15 INT202400085018 DD04232024 CO-DC 0695000501500 1CG06950005
Census Tract019033
Assessed Land Value$60,000
Assessed Improvement Value$346,670
Assessment Year2025

About this property

Investor buyer only, needs lots of updating, cash sale only! Roof and HVAC seem to be in good condition, Big storage and covered port in the back. SELLER WILL REJECT ANY BLIND LOW BALL OFFERS! Seller has no further information on condition. No sellers disclosure! No survey available. Large 4 bedroom two story home in a established neighborhood. Great property that wont last long! Call Agent for showings!

Investor Tools

Property Icon
$406,670
Estimated Property Value
$265,651Estimated Mortgage Balance
$141,019Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,440 /month
Positive
Cash Flow Estimate:
$813 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$940/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,247
$406,670
2025
$60,000
$346,670
$406,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,247
$406,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$276,000
No
First
Apr 23, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,651
$141,019
34%
65%
$1,655/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,655/mo
+$917/mo
7.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Garland

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109 S Bernice Dr | Property Details | No Agent List